Tag Archives: acquires

The US-based fund Fidelity Management & Research Company (FMR) has acquired a 4.5 percent stake in Russian internet search engine Yandex, reports Cnews.ru. The market price of this stake is UAS 1.17 billion. Five US-based funds now own stakes at Yandex.  Source link

Square Inc. said it reached a deal with Afterpay Limited to acquire the buy now, pay later company in an all-stock deal valued at $29 billion. Square said in a statement today that the acquisition “aims to enable the companies to better deliver compelling financial products and services that expand access to more consumers and drive incremental revenue for merchants of all sizes.” More from WWD The company expects to close the deal in the first quarter of 2022. Jack Dorsey, co-founder and… Source link

Pic: KupiVIP Russian internet-giant Yandex has announced that it is acquiring the online fashion retailer KupiVIP for integrating it in Yandex.Market, a platform for displaying products by retail and online stores. The acquisition is expected to help Yandex accelerate its entry into the apparel and footwear market. The deal will be completed in Q3 2021. The acquisition is subject to regulatory approvals and the terms have not been disclosed. This year, Yandex plans to spend… Source link

Yandex.Market is one of Russia’s leading e-commerce platform players. Shutterstock Yandex not only has a widespread technology portfolio that has led it being called “Russia’s Google”, the company’s Yandex.Market also makes it one of Russia’s main e-commerce platform players. It has now taken aim at the fashion retail sector by acquiring online fashion destination, KupiVIP,… Source link

[unable to retrieve full-text content]Yandex acquires Acropol Bank for $14.7 million – TechGraph  TechGraph Source link

TipRanks The Bottom Is in for These 3 Stocks? Analysts Say ‘Buy’ Never say that one person makes no difference. This past Thursday, stocks tumbled, bonds surged, and investors started taking inflationary risks seriously – all because one guy said what he thinks. Jerome Powell, chair of the Federal Reserve, held a press conference at which he gave both the good and the bad. He stated, again, his belief that the COVID vaccination program will allow a full reopening of the economy, and that… Source link

Dataform, a startup in the U.K. that was building what it dubbed an “operating system” for data warehouses, has been quietly acquired by Google’s Google Cloud division. Terms of the deal aren’t being disclosed, although I understand this is mostly an acqui-hire, albeit one where the founders — both ex-Googlers prior to founding Dataform — have done well out of. However, it isn’t just about talent; Google is said to have been very interested in the company’s product, too… Source link

Bloomberg Kushner Cos. Spent the Trump Years Unwinding Scion’s Costly Bets (Bloomberg) — Guy Fieri’s Times Square restaurant, where Jared Kushner and Ivanka Trump partied in late 2016 before heading to Washington, is gone. The office tower at 666 Fifth Ave., once the headquarters of the Kushner family’s real estate empire, has been sold. So too has a stake in a project in the trendy Dumbo neighborhood of Brooklyn.New York looks a lot different now than it did before Jared Kushner left… Source link

In the same week that Amazon is holding its big AWS confab, Google is also announcing a move to raise its own enterprise game with Google Cloud. Today the company announced that it is acquiring Actifio, a data management company that helps companies with data continuity to be better prepared in the event of a security breach or other need for disaster recovery. The deal squares Google up as a competitor against the likes of Rubrik, another big player in data continuity. The terms of the… Source link

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